Athol Eats Food Truck Court: 5 of 6 Stalls Leased, Real Estate Incl.
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Athol Eats is a purpose-built food truck court located on a hard corner at Old Highway 95 and Highway 54, directly at the Athol exit in Kootenai County, Idaho. The offering includes the 0.419 acre commercial parcel and the in-place income stream, with tenants on annual leases.
The City of Athol permits a maximum of six food truck spaces at this site. Five of the six stalls are currently leased at $1,000 per month to an established tenant roster: Golden Fleece Foods, The Wurst Man in Town, Ribs on the Run, GameDay Grill and Taco Works. The sixth stall is vacant and represents immediate lease-up upside at permitted capacity, which would bring gross scheduled income to $72,000 annually.
Improvements were built for food truck operation and include a paved parking lot of approximately 0.25 acres with designated handicap parking, eight electrical meters, three water spigots, city-permitted portable restrooms and septic service. The site is served by city water. Zoning is Athol-C Commercial.
The property is owner-managed with a lean expense profile and no employees. Total operating expenses run approximately $13,894 annually, including taxes, insurance, utilities, trash and solid waste, portable restrooms, landscaping and snow removal, and repairs. No management fee is currently charged.
Athol Eats is the primary food service destination in a trade area with limited dining inventory and carries a following of more than 1,400 across social media. The location benefits from year-round highway exposure and from seasonal traffic traveling to Silverwood Theme Park, Farragut State Park and the Lake Pend Oreille corridor.
This is an opportunity to acquire commercial real estate with stabilized tenant income, a documented operating history, and near-term upside through lease-up of the final permitted stall. The annual property operating data statement, lease abstracts, tenant roster and expense detail are available to qualified buyers upon request.
The City of Athol permits a maximum of six food truck spaces at this site. Five of the six stalls are currently leased at $1,000 per month to an established tenant roster: Golden Fleece Foods, The Wurst Man in Town, Ribs on the Run, GameDay Grill and Taco Works. The sixth stall is vacant and represents immediate lease-up upside at permitted capacity, which would bring gross scheduled income to $72,000 annually.
Improvements were built for food truck operation and include a paved parking lot of approximately 0.25 acres with designated handicap parking, eight electrical meters, three water spigots, city-permitted portable restrooms and septic service. The site is served by city water. Zoning is Athol-C Commercial.
The property is owner-managed with a lean expense profile and no employees. Total operating expenses run approximately $13,894 annually, including taxes, insurance, utilities, trash and solid waste, portable restrooms, landscaping and snow removal, and repairs. No management fee is currently charged.
Athol Eats is the primary food service destination in a trade area with limited dining inventory and carries a following of more than 1,400 across social media. The location benefits from year-round highway exposure and from seasonal traffic traveling to Silverwood Theme Park, Farragut State Park and the Lake Pend Oreille corridor.
This is an opportunity to acquire commercial real estate with stabilized tenant income, a documented operating history, and near-term upside through lease-up of the final permitted stall. The annual property operating data statement, lease abstracts, tenant roster and expense detail are available to qualified buyers upon request.
About the Business
- Employees
- No employees. The property is owner-managed with tenants on annual leases.
- Facilities & Assets
- 0.419 acre commercial parcel totaling 18,252 square feet, zoned Athol-C Commercial, Parcel A00000106350 in Kootenai County. Improvements include a paved parking lot of approximately 0.25 acres with designated handicap parking, six permitted food truck stalls at the maximum allowed by the City of Athol, eight electrical meters, three water spigots serving the stalls, city water service, on-site septic, and city-permitted portable restrooms. Hard corner position at Old Highway 95 and Highway 54 at the Athol exit.
- Market Outlook / Competition
- Athol Eats is the primary food service destination in Athol, a trade area with limited dining inventory. The site draws year-round traffic from Highway 95 and seasonal traffic from visitors traveling to Silverwood Theme Park, Farragut State Park, and the Lake Pend Oreille corridor. North Kootenai County continues to add residential rooftops, which supports ongoing demand for food service. Stall rents of $1,000 per month are consistent with regional food truck courts, which generally range from $800 to $1,200 per stall. The City of Athol caps this site at six spaces, which limits supply growth at this location.
- Opportunities for Growth
- Immediate upside is available by leasing the sixth and final permitted stall, which raises gross scheduled income from $60,000 to $72,000 annually with no additional capital investment. Current rents of $1,000 per month sit in the middle of the regional range, leaving room to review rents at annual renewal as the court continues to season. Additional income could be pursued through event hosting, seasonal vendor agreements, signage along Highway 95, and expanded use of the existing social media following of more than 1,400.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Ownership is redeploying capital into other projects.
- Transition Support
- The seller will provide copies of all tenant leases, the current rent roll, utility and vendor account details, and an orderly introduction to each tenant. A reasonable transition period is available by agreement. Day to day operation is limited to rent collection, utility payment, and routine site maintenance.
- Financing Options
- Cash or conventional financing. Contact the listing broker to discuss terms.
Listing Info
- ID
- 2539297
- Listing Views
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Business Location
Listing ID: 2539297 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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